CME set for Treasury futures, options launch

Exchange has been working on the new ‘Ultra’ contracts since July last year

The Chicago Mercantile Exchange has
finalised testing ahead of its planned launch on Monday of its
new 'Ultra’ Treasury Note futures and options
contracts after months of development and consultation with the
market.

A CME spokesperson told FOW the launch is
on track for Monday with testing now complete.

A client note seen by FOW said that the
Chicago Body of Trade (CBOT) will list the new contracts for
trading as of Sunday January 10 for a trade date of Monday
January 11, 2016.